After a century of resisting monopolies, Democrats became the party of finance capitalism and it cost them the election

Monopolies are a well-documented drain on the economy, holding back growth and raising prices to the benefit of the 1% and the detriment of everyone else, and for 100 years, the Democratic party was the party of anti-monopoly, fighting for vigorous anti-trust enforcement, trade unionism, and decentralized power. (more…)